New Lancey Capella awarded further European funding and the Solar Impulse label to accelerate the energy transition!

Paris and Grenoble, February 18, 2020 – Lancey Energy Storage has won the prestigious “1000 Efficient Solutions” label* from the Solar Impulse foundation set up by Bertrand Picard. As part of its strategy to accelerate Europe’s targeted energetic transition, the Lancey Capella solution tackles the problem of the intermittent nature of renewable energy. The Lancey Capella radiator is the first radiator in the world capable of re-injecting energy stored in its battery into buildings’ communal heating networks, to supply other devices and allow load-shedding on the power grid. This labelling is part of the support offered by Europe, along with €1.5 million in funding, to develop this new battery-equipped version of its smart radiator.

In a year and a half, Lancey has managed to develop and market an innovative hardware product protected by numerous patents and rewarded with a “Best of Innovations” award in the “household appliances” category at CES 2018. A thousand units currently being installed have already been sold to social housing landlords and public bodies in France. In 2020, Lancey is aiming for production capacity of 5,000 units.

A global label for the ecological and energy transition

For the new version of its Lancey Capella smart radiator, the company has just received the “Solar Impulse Efficient Solution” label, rewarding eco-responsible companies that have a positive impact on the environment and quality of life.

According to Bertrand Piccard, Founder and President of the Solar Impulse Foundation: “Thousands of solutions currently exist that can stimulate economic growth while preserving nature, but they are often hidden in start-ups or research laboratories. They remain too little known by decision-makers and are not sufficiently industrialized. Few people realize they are available!”

Lancey’s breakthrough – smart energy management

Lancey Energy Storage has developed the first smart radiator with an integrated battery, providing a solution to ensure the energy transition of homes and commercial buildings equipped with photovoltaic panels. The battery built into the radiator stores electricity from the grid during off-peak hours and produced locally by renewable energies (e.g. when photovoltaic panels are fitted). This stored electricity is then returned to all electrical appliances in the home or building during peak hours, at a lower cost to the user. An EMS (Energy Management System) analyzes photovoltaic production, appliances’ consumption and data from sensors in order to optimize energy consumption and reduce electricity costs. Users can remotely control each radiator via the app and monitor their consumption to give them more control.

European support of €1.5 million

Lancey Energy Storage, based in Grenoble, will step up marketing of Lancey Capella thanks to a European subsidy received in mid-2019. In the framework of the European “Solar QUEST” project, the new solution developed by Lancey accelerates the energy transition by providing services to managers of electricity grids. These managers regularly need to shed certain consumption in order to guarantee stability based on network requirements. Load-shedding is vital to help increase the share of renewable energies in energy production. Users can directly contribute to the energy transition by consuming their own locally produced energy in order to take pressure off the grid.

Raphaël Meyer, a doctor of thermal physics and co-founder of the company, says: “Renewable energies are by nature intermittent. Solar panels only generate electricity when the sun is shining, wind power only generates electricity when it is windy… To balance this difficult-to-manage production with users’ consumption, the manager of the French grid – RTE – and its European counterparts need adjustment mechanisms. This is what Lancey is making possible with its innovative storage solution.”

Lancey is the only player in Europe that can provide a management and monitoring solution that can be easily integrated into the home and is efficient and effective to ensure a successful energy transition.  
 
As part of the European “Solar QUEST” project, on March 12-13 Lancey Energy Storage is organizing a workshop with experts from the sector to discuss “renewable energy and smart grids”. Places can be reserved until February 28 by contacting g.moreau@lancey.fr.
* The “Efficient Solutions” label, launched in May 2018 by Bertrand Picard’s Solar Impulse foundation, is awarded by independent experts. The foundation selects 1,000 solutions that protect the environment in a responsible manner and awards them the Solar Impulse Efficient Solutions label based on technical, environmental and socio-economic criteria.

About the Lancey radiator

Available as a single model: 1,200W (80 x 60 x 13.5cm – 26kg)
Battery specifications: 0.8 kWh lithium-ion                                                                                                                      
Solution protected by 8 patents, Made in France. Lancey visuals are available here

About Lancey Energy Storage

Lancey Energy Storage is a startup based in Grenoble, France, founded in 2016 and led by Raphael Meyer, Gilles Moreau and Jeremy Renard. The company grew up with the conviction that energy storage is the missing link to make energy transition come true, with the ambition of reducing the electricity bills for households and to provide energy storage for everyone. This is this very ambitious challenge that the company is about to take up, offering the most efficient heating solution on the market. The company will install its 1000th product by the end of 2019 and plans to install more than 100,000 units in the next five years.
“This project has received funding from the European Union’s Horizon 2020 research and innovation program under grant agreement No 850151”